The Business Times

#BTOpinion: A potential end-of-term Budget with something for everyone Budget 2024 certainly seems to facilitate – if not indicate – a general election being called before Budget 2025 rolls around.

#SGBudget2024: Here are some quick takes from analysts and observers on key budget moves 1. Lower ABSD clawback rate for developments with 90% of units sold 2. SkillsFuture Level-Up programme 3. Refundable Investment Cre…

#SGBudget2024: First planned surplus in 7 years in FY2024, albeit ‘small’, at S$778m The estimated S$778-million surplus came as the last two planned deficits, in FY2021 and FY2022, later turned out to be surpluses. FY20…

#SGBudget2024: Budget 2024 highlights: from S$1.9 billion in household support, to property tax changes Budget 2024 tackled immediate cost-of-living worries for households and businesses, while laying out plans to streng…

#SGBudget2024: Single Singaporean seniors get ABSD refund when “right-sizing” to lower-value property The concession will be extended to singles if they sell their first property within six months after purchasing a lowe…

#SGBudget2024: Individuals to get 50% personal income tax rebate for 2024 The amount will be capped at S$200 so that the benefits go mostly to middle-income workers, said Wong. Annual income threshold for dependent-relat…

#SGBudget2024: S$200 in LifeSG credits for 1.2 million past and present national servicemen The LifeSG credits – which can be spent at over 100,000 online and physical merchants accepting PayNow, UEN QR or Nets QR – will…

#SGBudget2024: S$8.2 billion Majulah Package to benefit 1.6 million Singaporeans Those eligible will receive an Earn and Save Bonus of up to S$1,000, with the first annual bonus credited to their CPF Retirement Account o…

#SGBudget2024: Higher CPF contribution rates for those aged 55 to 65; closure of Special Account for those aged 55 and above Savings within the SA will be transferred to the Retirement Account, up to the Full Retirement…

#SGBudget2024: Couples waiting for BTO flats will get one-year voucher to rent HDB flat in open market “Some couples have already booked their BTO flats, but may like to have a place to stay temporarily, while they wait…

#SGBudget2024: ITE graduates to get S$5,000 top up to PSEA account; S$10,000 to CPF if they attain diploma “This new award is a significant investment in our ITE graduates. It represents our continuing commitment to upli…

#SGBudget2024: Firms hiring foreigners must pay locals minimum S$1,600 wage, up from S$1,400 Local employees, who work at companies that hire foreign workers, must now be paid a minimum part-time hourly rate of S$10.50 p…

#SGBudget2024: S$4,000 top-up to SkillsFuture for Singaporeans aged above 40, monthly training allowance introduced Additionally, Singaporeans aged 40 and above will receive full government subsidies to pursue a second d…

#SGBudget2024: S$2 billion funding to support financial sector development, S$3 billion more into R&D Financial support for Republic’s artificial intelligence (AI) capabilities, in the form of S$1 billion in funding over…

#SGBudget2024: S$1.3b support package to help businesses manage costs Called the Enterprise Support Package, it comprises a corporate income tax rebate; enhancements to the Enterprise Financing Scheme (EFS); and an exten…

#SGBudget2024: Additional S$1.9 billion for Assurance Package, all Singaporean households to get extra S$600 CDC vouchers Eligible Singaporeans will receive a one-off cost-of-living special payment of between S$200 and S…

#SGBudget2024: Forward Singapore exercise a ‘crucial roadmap’ to chart Singapore’s way through less stable external environment “Overall, we are cautiously optimistic that 2024 will be a better year,” Finance Minister La…

Watch BT's live stream of Budget 2024 statement from 3.30 pm, Feb 16 Watch Deputy Prime Minister and Finance Minister Lawrence Wong deliver this year's Budget statement here: Or read our coverage here:

SIC flags breaches by advisers Allen & Gledhill, DBS during 2022 Mapletree merger The breaches involved a whitewash waiver to make the general offer for a trust scheme of arrangement, which resulted in the merged entity…

Temasek divests 1.1% stake in Indian hospital chain for 3.95 billion rupees: sources After trimming three million shares via its unit Dunearn Investments, it still retains a stake of about 17 per cent in Medanta.

No Signboard interim CEO’s stake in white knight Gazelle Ventures raises conflict-of-interest risk Interim chief executive Lim Teck-Ean is also a substantial shareholder in white knight investor Gazelle Ventures, a sourc…

Singapore exports up 16.8% in January, lifted by jump in non-monetary gold shipments On a seasonally adjusted monthly basis, NODX grew 2.3% in January to S$14.9 billion, from the 1.7% contraction in December.